Russia Today

Bank of Russia resumes gold buying amid sanctions

The regulator stopped purchasing the precious metal when prices spiked at the onset of the Covid-19 pandemic The Central Bank of Russia announced it is resuming purchases of gold on the domestic market after a two-year pause. The move comes after the regulator and several of the country’s major banks fell under Western sanctions amid…

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Global oil prices soar past $130 per barrel

Crude oil prices jumped to their highest levels since 2008 on Monday, amid fears of a ban on Russian oil imports due to Moscow’s military operation in Ukraine, as well as delays in talks on a nuclear deal with Iran.

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Australia to build nuclear submarine base

Scott Morrison accuses Russia of forming an ‘arc of autocracy’ to challenge the world order, according to speech excerpts Australian Prime Minister Scott Morrison is set to announce the construction of a new AU$10 billion nuclear submarine base, while warning Australians that Russia’s conflict with Ukraine will “inevitably stretch to the Indo-Pacific.”

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